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$1.00 lakes blue energy nl

Victoria approves further offshore gas exploration and sails into early criticism, page-16

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timmi

2,702 Posts.

440

25/05/18

12:19

Post #: 33307749
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Originally posted by bjaensch ↑

If not it probably means we set fire to the $ we have speculated on LKO shares ;-) My view is that if the judgement is positive (i.e. LKO can drill and produce) then SP could go nuts; if the judgement is negative (i.e. LKO can't drill and produce) then bye bye money.

To be perfectly honest LKO is pretty much an ultra-spec name and IMHO you should not be an owner if you can't afford to lose what you have put in. Or, at the very least, the diference between what you bought the shares you have purchased and will get you back at $0.001.

my opinion only, DYOR

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Or if it is a negative outcome, then sit on the shares in the hope of regime change within the Vic Government !!!

LKO Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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